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According to the official data, Foreign Foreign Portfolio Investors (FPIs) made a net investment of Rs 57,313 crore in Indian equities in December 2023, , FPI investments, equity investments, geojit financial management services, morningstar investment management, political
Apart from conflict of interest, the little-known VC firm shares an auditor with two firms of a partner and has demanded ‘sweat equity’ from the founders of startups in its portfolio.
At least five firms that had looked to the promised funds to scale up their businesses are engaging with other investors to raise interim capital as SphitiCap awaits SEBI's approval.
The latest outflow came after FPI investment in equities had hit a four-month low of Rs 12,262 crore in August. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period.
Foreign portfolio investors have sold shares to the tune of Rs 14,767 crore in September